QuickBooks® Request for Payment Invoicing
The Best Solution for Payment Processing in QuickBooks®
Today Payments is an Authorized Reseller of Intuit offering a highly robust app that supports both QuickBooks’ desktop and online customers, provide merchants with the tools they need so they can focus more time on their customers and businesses, and less time on data entry.
"Our Integrated payment solutions can save a typical small business owner more than 180 hours each year"See
the features
QuickBooks® ACH, Cards, FedNow and Real-Time Payments
- Payment processing for all QuickBooks desktop, Pro, Premier, Enterprise and also QBO QuickBooks Online Our software is designed for simplicity and ease-of-use.
- ~ Automate Account Receivable Collection
- ~ Automate Account Payable Payments
- ~ One-time and Recurring Debits / Credits
Secure QB Plugin payment processing through QuickBooks ® specializes in the origination of moving money electronically.
Ask about our special:
Request for Payments
FedNow Worksheets for Banks:
- SASF (Statement of Account and
Settlement File):
- The SASF file provides a statement
of the account and settlement details, allowing banks to
reconcile and track transactions. It typically includes
information such as transaction amounts, timestamps, and parties
involved.
- FIRD (Funds In/Remittance Detail)
Files:
- The FIRD file contains details about
funds in and remittances, providing information on incoming
payments. It includes data such as transaction references,
amounts, and associated metadata.
FedNow Worksheets for U.S. Businesses:
- Aging of Request for Payments
Spreadsheet:
- This spreadsheet allows U.S.
businesses to monitor the aging of their Request for Payments
(RfP). It includes information such as invoice/transaction IDs,
due dates, amounts, and payment statuses (open, paid, overdue).
- Bank Reconciliation Spreadsheet:
- The Bank Reconciliation spreadsheet
helps businesses reconcile their bank statements with their
internal records. It includes columns for transaction dates,
descriptions, amounts, and reconciled status.
Integration with QBO (QuickBooks Online):
- Exporting Data:
- Both bank-related files (SASF and
FIRD) and business-related spreadsheets can be exported to QBO
for integration and reporting.
- Mapping Fields:
- Ensure that fields in the exported
files and spreadsheets align with QBO data fields for accurate
mapping during import.
Reporting and Monitoring:
- Aging Analysis:
- Generate reports from the Aging of
Request for Payments Spreadsheet to analyze the distribution of
outstanding payments.
- Bank Reconciliation Reports:
- Use the Bank Reconciliation
Spreadsheet to generate reports that provide insights into the
business's financial health and ensure accurate reconciliation.
Benefits:
- Visibility and Transparency:
- Businesses have visibility into
their cash flow through the aging analysis and reconciliation
reports.
- Data Accuracy:
- Bank reconciliation ensures that
financial records accurately reflect actual bank transactions.
- Compliance:
- Using standardized files like SASF
and FIRD helps banks comply with financial reporting standards.
Considerations:
- Security Measures:
- Implement robust security measures
to protect sensitive financial data in both bank-related files
and business-related spreadsheets.
- Regular Updates:
- Regularly update both types of
worksheets to ensure the most recent and accurate data is used
for reporting.
- Integration Testing:
- Regularly test the integration
process between worksheets and QBO to identify and address any
issues promptly.
Continuous Improvement:
- Feedback Mechanism:
- Establish a feedback mechanism to
gather input from users and stakeholders to continuously improve
the worksheets and reporting processes.
- Technology Updates:
- Stay informed about updates in
technology, QBO, and FedNow to leverage new features and
improvements.
By integrating these worksheets and files,
both banks and businesses can enhance their financial management,
reporting, and reconciliation processes.
Call us, the .csv and or .xml Request for Payment (RfP) file you need while on your 1st phone call! We guarantee our reports work to your Bank and Credit Union. We were years ahead of competitors recognizing the benefits of RequestForPayment.com. We are not a Bank. Our function as a role as an "Accounting System" in Open Banking with Real-Time Payments to work with Billers to create the Request for Payment to upload the Biller's Bank online platform. U.S. Companies need help to learn the RfP message delivering their bank. Today Payments' ISO 20022 Payment Initiation (PAIN .013) show how to implement Create Real-Time Payments Request for Payment File up front delivering message from the Creditor (Payee) to it's bank. Most banks (FIs) will deliver the message Import and Batch files for their company depositors for both FedNow and Real-Time Payments (RtP). Once uploaded correctly, the Creditor's (Payee's) bank continuing through a "Payment Hub", will be the RtP Hub will be The Clearing House, with messaging to the Debtor's (Payer's) bank.
Our in-house QuickBooks payments experts are standing ready to help you make an informed decision to move your company's payment processing forward.
Pricing with our Request For Payment Professionals
1) Free ISO 20022 Request for Payment File Formats, for FedNow and Real-Time Payments (The Clearing House) .pdf for you manually create "Mandatory" (Mandatory data for completed file) fields, start at page 4, with "yellow" highlighting. $0.0 + No Support
2) We create .csv or .xml formatting using your Bank or Credit Union. Create Multiple Templates. Payer/Customer Routing Transit and Deposit Account Number may be required to import with your bank. You can upload or "key data" into our software for File Creation of "Mandatory" general file.
Fees = $57 monthly, including Support Fees and Batch Fee, Monthly Fee, User Fee, Additional Payment Method on "Hosted Payment Page" (Request for file with an HTML link per transaction to "Hosted Payment Page" with ancillary payment methods of FedNow, RTP, ACH, Cards and many more!) + $.03 per Transaction + 1% percentage on gross dollar file,
3) Payer Routing Transit and Deposit Account Number is NOT required to import with your bank. We add your URI for each separate Payer transaction.
Fees Above 2) plus $29 monthly additional QuickBooks Online "QBO" formatting, and "Hosted Payment Page" and WYSIWYG
4) Above 3) plus Create "Total" (over 600 Mandatory, Conditional & Optional fields of all ISO 20022 Pain .013) Price on quote.
Start using our Bank Reconciliation:
Dynamic integrated with FedNow & Real-Time Payments (RtP) Bank Reconciliation: Accrual / Cash / QBO - Undeposited Funds
Give Us A Call
(866) 927-7180